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Ann: Update on Progress EMG and CMIC Beyondie Joi, page-8

  1. 3,890 Posts.
    re: Ann: Update on Progress EMG and CMIC Beyo... Also, I presume FIRB approval is being sought because the size of the investment exceeds the thresholds:

    http://firb.gov.au/content/monetary_thresholds/monetary_thresholds.asp

    Presumably the initial $200mil and 15% is UNDER this amount, so...joining the dots, the Chinese intend to fund at some point in future an amount greater than the threshold amount. Although I am defniitely no lawyer.

    JT
 
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